Southport at a glance
40,564
People
$1,230,000
Median sale
$773/wk
Median rent
3.27%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
$17,092,026
For sale
Asking
3
Bedrooms
1
Bathrooms
1
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$17,092,026
Asking
No recorded sale for this property.
Southport at a glance
40,564
People
$1,230,000
Median sale
$773/wk
Median rent
3.27%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
Vs Southport
+1289.6%
Median sale
Suburb $1,230,000
-3.03 pp
Gross yield
Suburb 3.27%
Suburb median $1,230,000 from 41 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$1,046,044 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Southport's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $773/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 0.2%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Southport at a glance
40,564
People
$1,230,000
Median sale
$773/wk
Median rent
3.27%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Professionals Newlands Real EstateDA APPROVED FOR MEDICAL / DOCTORS OFFICE OR OFFICE USE
An outstanding opportunity to secure a well-located property in the heart of Southport with Development Approval already in place for a doctors/medical office or office use.
Positioned in an established and highly accessible part of Southport, 22 Wells Street offers an exciting opportunity for medical practitioners, allied health professionals, professional businesses, investors or owner-occupiers looking to secure premises with an approved commercial use.
Key Features
• DA approved for a doctors/medical office or office space
• Excellent opportunity for owner-occupiers or investors
• Suitable for medical, allied health or professional office use, subject to the approved DA
• Approx. 541m² land holding*
• 40-50,000 approx. vehicles pass this location daily, great exposure for a business
• Established Southport location
• Convenient access to major roads and public transport
• Close to Southport CBD and a wide range of surrounding amenities
• Opportunity to utilise the existing approval and avoid the uncertainty and time involved in seeking a new development approval
Whether you're a medical practitioner looking to establish your own practice, an allied health operator seeking a strategic location, or an investor looking for a property with an existing approval, this property deserves serious consideration.
The DA approval provides a significant head start for the successful purchaser.
Opportunities with an existing approval for medical/office use in this tightly held Southport location are rarely available.
Contact the exclusive marketing agent today for further information, a copy of the DA documentation and to arrange an inspection.
*Approximately. Buyers should make their own enquiries regarding dimensions, approvals and development requirements.
Some images in this advertisement have been digitally enhanced using AI solely to remove or minimise personal belongings and tenant items for presentation purposes. No structural, architectural, landscaping or other physical features of the property have been altered. The images are intended to provide an indication of the property's presentation and may differ from the property as currently occupied. Prospective purchasers should rely on their own inspection of the property.
Disclaimer: We have in preparing this information used our best endeavour to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective vendors, purchasers & tenants should make their own enquiries to verify the information contained herein.
Listing description written by Tom Newlands, Professionals Newlands Real Estate — reproduced as published, not verified by Districts.